Home :: Deposit Accounts :: Kentucky Account Administration - 2-Day Program
" This 2-day program covers consumer, fiduciary and business accounts. The expanded session is needed to adequately cover all federal and state topics! March 2019 "
Program Info
Speaker: Laura Wilson
Program times: 9:30 AM to 4:00 PM
All times are local.
Price: $590.00
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There are no active registration dates remaining for this program, we hope to see you next year!

This is a two-day event:

Paducah - March 20 and 21, 2019

Elizabeththown - March 25 and 26, 2019

Lexington - March 27 and 28, 2019


“One day just isn’t enough time.” That has been the only criticism of the one day Deposit Account Administration seminars. In 2018 Pegasus held its first ever 2-day Kentucky Account Administration Workshop. The response was overwhemingly positive.  2019 is another big year! Kentucky has a new power of attorney law and a new law to assist in preventing financial exploitation of vulnerable adults. Again, there is too much information for one-day! To ensure adequate time to cover all topics, Pegasus is holding a two-day deposit workshop in three locations – Paducah, Elizabethtown and Lexington. 

This two-day program is the most comprehensive seminar offered on the topic of bank accounts in Kentucky. It is presented in an interactive format. Group participation is encouraged. The presentation provides answers to questions routinely asked by customers and employees. The manual supports those answers with citations to laws, regulations, federal forms and publications. It also provides tips on loads of free resources for use back at the office. Every bank in Kentucky should send at least two employees to this program. They will  be able to compare notes, and then divide, delegate and conquer. Yes - there is that much information!

Day One is all about Federal requirements at onboarding and account opening, and consumer accounts and fiduciary accounts. Federal requirements lay the foundation for “on-boarding” customers. Kentucky law regarding opening, access, titling, ongoing maintenance and death provisions for consumer accounts are covered in detail. We will also discuss Kentucky's NEW POA and financial exploitation laws in detail. Fiduciary relationships such as trusts, UTMA, Representative Payees, and benefit/memorial funds receive in-depth coverage.

Day Two is dedicated to business accounts. Federal laws and regulations relating to customer onboarding, payment of interest, disclosure requirements, Fair Credit Reporting Act third-party verification requirements and IRS TIN, titling and certification are just the beginning. The bank's anti-money laundering program, including the customer due diligence and beneficial ownership requirements have a significant impact when opening accounts for legal entities. This program addresses information you need to know when implementing these requirements in your bank. The different types of commercial entities recognized in Kentucky are defined and explained, and the available documentation is reviewed. Resolutions are examined in detail. We also discuss the idea of a business account application, and the forms and information it may include.

This program is intended for experienced bankers who are responsible for opening accounts, developing policies and procedures, and training employees. Auditors and back office personnel will also find the information useful. The banks BSA/AML team may also benefit.

Attendee Info

Registration opens 30 minutes prior to the program.

Please bring a jacket or a sweater. Temperature is often difficult to control.

All attendees registered receive an email reminder three days prior to the program. For questions about registration click here or call 1-888-550-4555.

Meals and breaks : Continental breakfast.
Lunch is provided.
Breaks provided.

Cancellations: Substitutions are always welcome. Paid registrants cancelling up to 7 days prior to the seminar receive full refunds. There are no adjustments for cancellations received after that date, including those that may be related to weather.  

Speaker Bio

Laura Wilson is a principal with Pegasus Educational Services, LLC. She is a gifted trainer who proves learning can be fun. Audiences routinely comment that her recollection of material content and sense of humor are unique among presenters on technical topics.

Her career in training on banking related issues began in 1987. At one time she served as the regulatory compliance trainer for a $3 billion savings bank. Later, she was a senior consultant and full-time trainer for a regional consulting firm for financial institutions.

She has served on the faculty of the OTSí Level I Compliance School and the FDICís Bank Operations and Compliance School for examiners. In addition to presenting seminars for 17 state banking associations, she has been an instructor at compliance schools sponsored by the Iowa, Kentucky, Texas and Pennsylvania bankers associations. She is also a member of the American Society for Training and Development.